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United Arab Emirates shares lower at close of trade; DFM General down 0.42%

Published 2018-06-17, 07:15 a/m
Updated 2018-06-17, 04:45 p/m
© Reuters.  United Arab Emirates shares lower at close of trade; DFM General down 0.42%

© Reuters. United Arab Emirates shares lower at close of trade; DFM General down 0.42%

Investing.com – United Arab Emirates equities were lower at the close on Sunday, as losses in the Finance & Investment, Transport and Real Estate & Construction sectors propelled shares lower.

At the close in Dubai, the DFM General lost 0.42%, while the ADX General index unchanged 0.00%.

The biggest gainers of the session on the DFM General were Takaful House (DU:DTKF), which rose 2.81% or 0.019 points to trade at 0.694 at the close. Arabtec Holding PJSC (DU:ARTC) added 2.22% or 0.050 points to end at 2.300 and National Central Cooling Co. (DU:TABR) was up 1.71% or 0.030 points to 1.780 in late trade.

Biggest losers included Takaful Emarat PSC (DU:TKFE), which lost 9.87% or 0.220 points to trade at 2.010 in late trade. Dubai Investments PJSC (DU:DINV) declined 2.83% or 0.060 points to end at 2.060 and ARAMEX PJSC (DU:ARMX) shed 2.50% or 0.100 points to 3.900.

The top performers on the ADX General were Sharjah Group Co (AD:SG) which unchanged 0.00% to 1.40, Finance House (AD:FH) which was unchanged 0.00% to settle at 1.700 and Emirates Ins C (AD:EIC) which unchanged 0.00% to close at 7.10.

The worst performers were Sharjah Group Co (AD:SG) which was unchanged 0.00% to 1.40 in late trade, Finance House (AD:FH) which unchanged 0.00% to settle at 1.700 and Emirates Ins C (AD:EIC) which was unchanged 0.00% to 7.10 at the close.

Declining stocks outnumbered rising ones by 0 to 0; on the Abu Dhabi, 0 fell and 0 advanced on the Dubai Stock Exchange.

In commodities trading, Crude oil for August delivery was unchanged 0.00% or 0.00 to $64.85 a barrel. Meanwhile, Brent oil for delivery in August fell 3.77% or 2.86 to hit $73.08 a barrel, while the August Gold Futures contract fell 2.00% or 26.20 to trade at $1282.10 a troy ounce.

USD/AED was down 0.01% to 3.6730, while EUR/AED rose 0.33% to 4.2634.

The US Dollar Index Futures was unchanged 0.00% at 94.45.

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